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Why most entrepreneurs fail & how to prevent it from happening to you. 

Vusi Thembekwayo
Подписаться 803 тыс.
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So let’s begin… Vusi is a disruptor.
At 25 he ran a R400mn division in a R17bn multi-national and today is widely regarded as one of the most disruptive forces in venture capital in Africa. He was amongst the youngest directors of a listed company in South Africa and now serves on several boards.
Currently, he is the CEO of a boutique investment & advisory firm in Africa. Leading by example, his firm forces medium, large and listed businesses into much needed, often painful, always lucrative new directions.
Having graced the covers of Entrepreneur Magazine, with features on Forbes and Inc500, his social media engagement often mirrors that of a Rockstar.
Vusi is a consummate speaking professional! On and off stage. He doesn’t just talk business - he lives it. For real, he walks, talks and breathes it! You see he does more than simply inspire revolution, he’s the guy that initiates it.
He has been the catalyst for change in businesses across the globe through expertise in strategy, leadership and sales.
A staggering 21 global cities have experienced Vusi. Oh and add New York, London, Paris, Lagos, Jersey, Guernsey, Rio de Janeiro, Dar es Salaam, Sao Paulo, Buenos Aires, Colombo, Nairobi, Kampala, San Francisco to the list.
That’s what you get when you talk about things that make perfect sense.

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5 сен 2024

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Комментарии : 230   
@theseyikayode
@theseyikayode 17 дней назад
RU-vid recommending this 7years later is wild. Love it. Beautiful interview.
@wisemanmtembu5855
@wisemanmtembu5855 5 лет назад
Man you have to tell pple to stop paying DSTV, they must install Wi-Fi in their homes, coz we not learning anything from Genaration, Uzalo but with WiFi i can listen to you i can listen to Denzel Washington n im learning big... Ey i dont watch tv now im work for someone now getting 12,000 salary n my business gives me 10,000 every month
@PrimeTimeSportsNews
@PrimeTimeSportsNews 4 года назад
That's true
@Moyawethu.
@Moyawethu. 4 года назад
Yes yes yes yes and yes
@yahgoshen5815
@yahgoshen5815 4 года назад
I agree
@prayerhut
@prayerhut 5 лет назад
One of the best interviews I've ever seen in my entire life! Both the lady and Mr. Thembekwayo have phenomenal minds!
@satoric11
@satoric11 4 года назад
YES! I agree
@sarahtaliire6939
@sarahtaliire6939 4 года назад
True
@Moyawethu.
@Moyawethu. 4 года назад
Facts !!!
@abdiazizsheikh3795
@abdiazizsheikh3795 3 года назад
@@Moyawethu. P0ll
@edgarsimpokolwe2132
@edgarsimpokolwe2132 Год назад
I came here to make this comment, and I found. You beat me to it.
@duPreezLouis
@duPreezLouis 7 лет назад
Vusi, you speak the truth. The principles you discuss here is relevant for any person doing his own business!!
@johanneskirkfield4189
@johanneskirkfield4189 5 лет назад
Financial track record, waaaw!!!
@SalemSoni
@SalemSoni 7 лет назад
Vusi, I'm not sure why I'm just now hearing about you brother! But I'm glad I did. You've just eloquently articulated what I believe. This is not just for South Africans, but all of Africa. Thank you sir!
@sarahspeaks145
@sarahspeaks145 4 года назад
Salem Soni , brother we're listening here in the the U.S.A. as well. I have so much respect for this young man.
@jwaiswa
@jwaiswa 4 года назад
The best thing I've learnt is that a small business doesn't need a business plan
@nairobi1519
@nairobi1519 4 года назад
"But I am not going to give you 3M to buy a farm and buildings and put eggs in it and chickens and then sit and wait for some miracles to happen." I like this statement. You hit the nail on the head brother.
@nwekeonyekachi7715
@nwekeonyekachi7715 5 лет назад
Stumbling into your RU-vid channel was one of the greatest things that happened to my entrepreneuring live. .. from Nigeria
@odohsimeon9389
@odohsimeon9389 5 лет назад
Same here bro #connect me for more
@daviesmareya825
@daviesmareya825 7 лет назад
it's about time we had brains like these on the continent
@patiencerainn6625
@patiencerainn6625 5 лет назад
SouthAfrican language sounds woop
@nenesibanda4171
@nenesibanda4171 2 года назад
I personally believe business plans are important because it sort of creates a relationship between the entrepreneur and the business itself, if you don't plan, you plan on failing. A business plan is the constitution of a business, just as a country can not run without a constitution so can a business not run without a document. It is fundamental that the business owner has a relationship and a broader understanding of the aspects of the business. Maybe Vusi speaks as he does because of his long term experience but for the beginners and even for those who are not beginning planning is good and having a document which directs the business is absolutely important in ensuring plans are executed. As an entrepreneur one is an architect and the plan is something which the architect plans on executing those very plans.
@ActionCOACHSA
@ActionCOACHSA 2 года назад
10000% agree, however, you constantly have to GROW and ADAPT to constant changing markets which could be volatile at times and you have to be prepared for the unexpected and WHEN the unexpected happens, adapt...
@Uce28
@Uce28 2 года назад
Yeah I definitely agree on that one how can you jump into something being tested rather than putting thought into something, you try and jump into a certain market where there are big sharks out there and you'll most likely get destroyed by the competition unless having a business plan to exceed for a more precise knowledge in your business just puts more assurance in the business idea.
@kromack971
@kromack971 Год назад
"Start where you're, do wat u've to do, so you can do wat u want to do" (9:49) Nice message!!
@veliem3935
@veliem3935 4 года назад
I think I've watched this a 1000 times. I can even recite the words😂😂😂... I've never seen an interviewer that can match Vusi like this.. Props to the both of them 🙌🏾
@ashleymarks9763
@ashleymarks9763 5 лет назад
Thank you Vusi, when im down and unmotivated.I just hope on RU-vid and watch one of your videos :)
@claudiolombene3018
@claudiolombene3018 4 года назад
From Mozambique I just do the same
@mrstevens445
@mrstevens445 5 лет назад
This guy is a prodigy. Period!!!
@retselisitsoebautloane8682
@retselisitsoebautloane8682 5 лет назад
Wow! This video needs to be re-trend, re-cycle, viewed and shared many more times again...so inspirational. We all need to get up and make the world a better place through entreprenuership. Thank you!
@kenbundi9118
@kenbundi9118 5 лет назад
Great insights Vusi, we should step up our game as Africans From Kenya
@Ongezwa_Ntsepe
@Ongezwa_Ntsepe 4 года назад
Extremely educational and mind opening. As an entrepreneur and business RU-vidr i cant stress enough how important it is to be humble and start small and be patient.
@mpumezohaka6856
@mpumezohaka6856 7 лет назад
I am a 24 year old man with a mission and vision of building an empire one day..just realized reading your book and books to be released would be a first step towards the goal.. raw facts for current generation and coming one. Thanks
@MboniNtuma
@MboniNtuma 5 лет назад
did you buy the book?
@katlegokgonkwe2410
@katlegokgonkwe2410 2 года назад
I learnt what you addressed late 😩but I'm glad I'm on the right track 😊. Worst mistake I made was to cease embarking on my plan due to lack of funds. Do what you can, with what you have 😊
@manzimfura
@manzimfura 4 года назад
Now that's a Real Entrepreneur's Perspective not the one that read it in books! Thanks a lot for this video!
@sakhilehadebe1648
@sakhilehadebe1648 3 года назад
This is the type of guy that get the job in a 1st minute the interview started and if the interview was meant to take 30 minutes it takes 2 hours. This is what "thinking outside the box" mean.
@DavidChandra
@DavidChandra 4 года назад
I never saw or heard about this guy before. He is brilliant.
@wilsonsilasmkandawire
@wilsonsilasmkandawire 6 лет назад
I am really inspired to go great heights in business. Thank Mr Vusi.
@derickmulema549
@derickmulema549 4 года назад
Hi Mr. Vusi thembekwayo am from cameroon and am really enjoying your teachings let's as Africans learn from this Indians and asians ,I really wish you and your team can organize a workshop in cameroon
@telltraceyyoursecret4529
@telltraceyyoursecret4529 5 лет назад
I congratulate you from Jamaica 🇯🇲 I am learning from you
@nelsarec
@nelsarec 4 года назад
Vusi knows his staff. Inspiring man.
@chuolriekpuokgai3826
@chuolriekpuokgai3826 3 года назад
Thanks Vusi 🙏 You know what you preach,it reach me. Respect from South sudan 🇸🇸
@trinimakeupluvr
@trinimakeupluvr 4 года назад
That "me" at the end 😂😂😂😂
@makheemakh1197
@makheemakh1197 4 года назад
our people should learn a lot about from this gentleman. I have, being in the diaspora, learned and tested tried his principles and he is right on.
@OmbeniAidani
@OmbeniAidani 4 года назад
This is Amazing, its all about the mindset. The business plans are very irrelevant right now. Your teachings are very real. Hit like if from Tanzania.
@noorlenetv
@noorlenetv 6 лет назад
Entrepreneurs DON'T need Business Plans to get fund! Love this VT!
@claudiolombene3018
@claudiolombene3018 4 года назад
I needed to have a back up voice to what I thought
@mabel.e.kgalley9710
@mabel.e.kgalley9710 2 года назад
We indeed have to start where we are building small steps. He is an awesome motivational person. Thanks a lot.
@jeffgazijaygee9350
@jeffgazijaygee9350 5 лет назад
Thank you Vusi. Will keep watching this video as much as I can.
@nyashab4276
@nyashab4276 3 года назад
This is powerful! Really great interview! Wish it was longer!
@willykitheka7618
@willykitheka7618 5 лет назад
Boss, I have to hand it over to you! You're wise, intelligent and very knowledgeable. You're a light to those of us who are "in the dark engine room" building our businesses! There's hope for Africa.
@abigailmolusi6483
@abigailmolusi6483 7 лет назад
vusi you are my obsession Thank you for changing my mindset all i wanted was the land now all i want is you
@hlehmamhlophe1259
@hlehmamhlophe1259 4 года назад
I'm here in 2020
@AskMeStartUp
@AskMeStartUp 4 года назад
me too. Entrepreneurship still is great
@sebengobese7349
@sebengobese7349 4 года назад
Wow! This video blew my mind Vusi your Pession is uzzing and I'm in awe. I'm a young entrepreneur strunggling to make earns meat but my dream are bigger than what I'm facing now.
@Stijlloosert
@Stijlloosert 3 месяца назад
As former Dutch retail banker: a businessplan can be helpful, and especially for starters or in experience entrepreneurs. It gives you the structure, to execute a successful and profitable mature business. Remember that it has to be crystal clear what you want, financialplan, prognose 24mnd exploration and liquidity needs. Are you complaint? regulations, etc. banks only finance assets and credit liquidity , no salaries or management fees. for idees you need investers, stockexchange etc.
@gifts.maphanga2988
@gifts.maphanga2988 4 года назад
Key points Biznis plans are not vital You have to do it. Do what you have to do to do what you need to do. Get your thinking right, big businesses are.not built overnight Start where you are. Transform your mind, understand that you're building for the first ten years.
@kennefoma296
@kennefoma296 3 года назад
Jesus Christ how on earth did I not listen to this guy before now. He is actually giving me solutions to my current problems
@brianmoru1123
@brianmoru1123 7 лет назад
visu keep up my brother you mentor me alot congratulations my brother i follow you from venezuela
@felisterntinyari1998
@felisterntinyari1998 5 лет назад
How is Venezuela
@C33KZ-T1EN
@C33KZ-T1EN 2 года назад
I TRULY BELIEVE THIS MAN IS MY ROLE MODEL.I WANT TO GET IN THE CANNABIS INDUSTRY AND I HAVE BIG DREAMS BUT IM STARTING SMAL.EVERYONE IN MY FAMILY THINK IM CRAZY WHEN I SAY I WANT TO DO ENTREPRENEUR.THEY ARE SCEPTICAL ABOUT MY PLAN.ITRIED TELLING THAT THE BEST WAY TO BECOME AN ENTREPRENEUR IS TO START WITH A MVP.I ADOPTED THIS MINDSET BECAUSE I REALIZED THAT PEOPLE WHO STARTED SMALL BUSINESSES IS BECAUSE THEY START BIG BUT SMALL.
@jamesjallah6151
@jamesjallah6151 Год назад
Hi, my names are James Jallah. I am from Liberia, Africa. Thanks so much for the knowledge. I'm a small business owner and your wisdom have increased my desire more.
@charmainephasoana6850
@charmainephasoana6850 4 года назад
Sunrise was the best.... This lady was the best at interviewing people .... And then Vusi is just the best as well ... Such information is needed to be programmed in the minds of black South Africans who are entrepreneurs and those who are working towards being entrepreneurs
@Meshalleez
@Meshalleez 4 года назад
Greatest startup advice I've heard thus far. Thanks Vusi.
@blezikali
@blezikali 4 года назад
Plot Twist/Qstn: What if you buy yo car on credit and pay instalments and invest the Cash you have? Vs buying the car on cash coz yu can afford it. I have observed that most millionnaires takes a bank loan for say a 400mill project , the catch could be that his money is tied on another "profitable"project to cover the loan interest than to sacrifice his ongoing project for the current need, your thoughts?
@emmasennie8768
@emmasennie8768 3 года назад
Yeah it's TRUE. For instance if you need to buy a car that cost 1000$ n u already have 1000$ in your bank account, you can buy n be done with it. But a business minded person will you his 1000$ to buy a property let's say a real estate property, use it as a mortgage for a loan to buy a car and use the profit from the real estate property to pay for the loan. After he is done paying for the loan, he has a car and his real estate asset..
@desiredhliwayo5971
@desiredhliwayo5971 7 лет назад
we need u in zimbabwe vusi
@hughjorgen30
@hughjorgen30 7 лет назад
Discovered your channel by mistake and I've been watching and hopefully actually learning. Keep keeping on. We need this your knowledge.
@mathiasvicent9955
@mathiasvicent9955 5 лет назад
I'm so glad to hear from the way you teach us, welcome to Tanzania bro
@thinkandprosper1
@thinkandprosper1 3 года назад
FOR THE FIRST TIME IN A LONG TIME I HAVE HEARD SOMEBODY EXPLAIN THE BASICS OF BUSINESS.
@makafuiberryl774
@makafuiberryl774 Год назад
Thank u so much Sir for teaching us how to grow on all sides. Sir,l have been a single woman for 10yrs and it's from hand to mouth l sell frozen foods and food packs and l want to stop that hand to mouth thing cos it's making my business go down so much. Pls l need your advice to be able to stand on my own in business and in all sides. Thank you
@mothernature7126
@mothernature7126 7 лет назад
Vusi, thank you! We need you in DRC. You inspire me Thnak you!
@yerbyb8331
@yerbyb8331 5 лет назад
happily surprised to see a bro from DRC who listen to this phenomenal person (vusi) a true inspiration. I am on my way to start my own business and I am learning a lot from him. we definitely need him in DRC, but the language would be a barrier coz not so many Congolese speak English.
@natashasefu7320
@natashasefu7320 5 лет назад
Yes I totally agree with your wording~one does not need funding!Entrepreneurs make it happen!
@bennybooysen4723
@bennybooysen4723 7 лет назад
"Just start" thank you Vusi
@christian.alivio4245
@christian.alivio4245 4 года назад
Wow. More blessings to come sir and keep inspiring. 🔥🔥🔥🔥🔥🔥
@HelloGlorious
@HelloGlorious 3 года назад
“Starting things we own & owning things we say we own!
@nonofomaine8866
@nonofomaine8866 5 лет назад
HOUSE OF WISDOM! I REPEAT! VUSI IS A HOUSE OF WISDOM!!
@MrTekoliko
@MrTekoliko 7 лет назад
Vusi Thembekwayo, very key!
@lumambamwaanza7209
@lumambamwaanza7209 4 года назад
Vusi, you have it right. You don't need money to start a business,period!!!
@roxannecampbell4700
@roxannecampbell4700 2 года назад
You are an amazing entrepreneur!!! This interview was fantastic. Thank you 😊
@tinomuvongagupure3264
@tinomuvongagupure3264 5 лет назад
brilliant minds of africa
@eddeysei5401
@eddeysei5401 Год назад
Well for me if you need funding from the financial institutions you go by their terms by providing them business plan but what they don't know is that some of these business plans are bought from people and tendered to the financial institutions to fund a business that is not originally captured in the plan.
@mzamoyendodazondi4310
@mzamoyendodazondi4310 3 года назад
This conversation changed my reality VT 👌🏿👌🏿👌🏿🙏🏿🙏🏿
@gebongmaxgmax2789
@gebongmaxgmax2789 Год назад
My take.we have to start where we are and grow step by step.❤💪
@CrochetTutorialsGirl
@CrochetTutorialsGirl Год назад
Same as lecturers who teach MBA or Entrepreneurship but they have never started a business.
@edgest5137
@edgest5137 5 лет назад
Do what you have got to do. So that you can do what you want to do.
@ariesblue6393
@ariesblue6393 2 года назад
The black dragon in it's prime 5 years ago, the streak continues. Damn black people have never been this blessed
@tharushagoorsamy8527
@tharushagoorsamy8527 5 лет назад
Perception vs Reality : spot on Vusi ....
@sarajngonyani
@sarajngonyani 5 лет назад
@Vusi,,, what i have learnt is, we black people we think we are too late so we have to run run run even though we don't know where are the running to, and we don't care if running needs stamina (discipline). I like the Indian example of family businesses and succession plans,, selfishness is killing us😞
@dwbooksandbeyond1528
@dwbooksandbeyond1528 Год назад
LOVE IT! How informative this information is.
@chibiggiemotivation345
@chibiggiemotivation345 2 года назад
Start from where you are and go step by step
@CheriseBiagio
@CheriseBiagio 5 лет назад
Articulate, concise and you offer so many valuable insights for a Micro-Entrepreneur like myself! Thank You! #alwaysafan
@joanyohana2371
@joanyohana2371 3 года назад
start where you are do what you what you have to do so you cn get to where you want to be
@tysonpayne1829
@tysonpayne1829 11 месяцев назад
Thank You Mr Thembekwayo🌍
@nombulelokhunong4629
@nombulelokhunong4629 4 года назад
Needed this. A little motivation when I lose hope
@abdulrafiuarikewuyo7181
@abdulrafiuarikewuyo7181 Год назад
This is inspiring. Thanks for your perspectives Vusi
@masesinkosi7610
@masesinkosi7610 4 года назад
Saw vusi on sabc 2 morning live with Leean that's y I'm here. But I like the interviewer more. 😍😍
@ruthawodele6764
@ruthawodele6764 Год назад
Wow! This is mind blowing. Its all I need to hear at the moment. Thanks a million🙏
@oreratilemolapo7308
@oreratilemolapo7308 7 лет назад
🔥🔥🔥🔥!!POWERFUL!! 🔥🔥🔥🔥
@odohsimeon9389
@odohsimeon9389 5 лет назад
We need u here in Nigeria
@josephjaspermedia3709
@josephjaspermedia3709 4 года назад
The powers that be in our country will suppress him. They don't like the truth. The start up owners will not take h seriously. They would rather listen to pastors.
@uhuruuhuru3525
@uhuruuhuru3525 2 года назад
I will never get over this!!! Ever!!!!
@banturalana2631
@banturalana2631 4 года назад
Powerful, insightful and honest talk.
@blue_orange.2023
@blue_orange.2023 Год назад
Powerful Vusi.
@isobodidi8685
@isobodidi8685 4 года назад
This Vusi guy has a great mind Kai.............
@corriedebeer799
@corriedebeer799 4 года назад
Make this guy president.
@SA.hustler
@SA.hustler 4 года назад
I feel reborn in business thanks million time Vusi
@tumeloratsoma4848
@tumeloratsoma4848 4 года назад
Vusi is a ray of sunshine
@KingsmanConsultingGroup
@KingsmanConsultingGroup Год назад
Am learning alot. Great interview.
@remiem-iw7uk
@remiem-iw7uk 5 лет назад
I love this man! Truth!
@BoatGroups
@BoatGroups 7 месяцев назад
Amazing Thanks for this insightful talk
@eymmie1
@eymmie1 7 лет назад
Great insights there. Thank you.
@aboubacardiallo2838
@aboubacardiallo2838 7 лет назад
We really need you in Guinea Conakry brother to inspire the new generation
@fobipearl74
@fobipearl74 6 лет назад
Courage Brother... I bet the Francophonie countries are going through something else....
@boubabah1698
@boubabah1698 5 лет назад
Happy to meet a Guinean brother here
@KatyGxng
@KatyGxng День назад
The great philosopher
@RalphMaruva
@RalphMaruva 5 лет назад
Real wisdom no bush it
@funmigbokoyi6185
@funmigbokoyi6185 Месяц назад
We really need to change our thinking
@HelloGlorious
@HelloGlorious 3 года назад
Absolutely!
@acobamasaba1295
@acobamasaba1295 Год назад
Fluent Delivery 💪🏾
@wambe9765
@wambe9765 2 года назад
This guy is smart!
@RyanONeilKnight
@RyanONeilKnight 7 лет назад
amen, well said with great examples!
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